Tag Archive: coronavirus

Pivoting & Repurposing a Business

Posted 6th May 2020 at 5:49 pm

It is no secret that Covid-19 has had a big impact on many SMEs in the UK. A recent study by the Office for National Statistics showed that nearly 40% of businesses in the UK had a substantially lower turnover. With the current level of disruption likely to remain for some time, many businesses are adapting their practices to continue trading in some form. For businesses which have been negatively impacted by Covid-19 and are considering how to adapt, they have two main choices: Continue trading – providing the same product / service in broadly the same way to the... Read more

Government help for SMEs coping with Coronavirus

Posted 15th March 2020 at 2:25 pm

coronavirus

This information was last updated on Friday 27th March 2020 at 10.30am. Further updates will follow as new measures are announced. Please join our mailing list here to receive updates straight to your inbox.   In the Spring Budget, new Chancellor Rishi Sunak announced £30bn of measures to shore up the UK economy against the coronavirus crisis. In this blog we look at the help being offered specifically to Small Businesses and the Self-Employed to insulate them from the economic impact of the pandemic.   Support for workers & employers dealing with sickness absence Statutory Sick Pay (SSP) will be... Read more